🚨 LIQUIDATIONEN: In den letzten 24 Stunden wurden über 523 | CRYPTO_APE auf Binance Square

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🚨 LIQUIDATIONEN: In den letzten 24 Stunden wurden über 523 Millionen US-Dollar vom Kryptomarkt gelöscht.

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🔶 XRP Token's $1 Billion Milestone: Will the Bulls Prevail? 🔥 XRP's Open Interest has hit an impressive $1 billion, sparking excitement and speculation. With institutional interest on the rise and hopes for regulatory clarity, the altcoin is grabbing attention. But can it break free from its current slump? ⚙️ At present, XRP is trading at $0.5879, down 6.50% in 24 hours. However, the surge in Open Interest suggests increased market activity and a potential for significant price swings. ⚠️ Resistance at $0.6222 is proving to be a tough nut to crack for the bulls, while support at $0.5617 offers some relief if bears take control. 🥇 The tightening Bollinger Bands hint at an imminent move, but with the RSI indicating neutrality, caution is advised. 💰 Rising exchange reserves by 0.34% to 3.1258 billion tokens could mean more selling pressure as holders consider liquidation. 💧 Over $1.35 million in liquidations, mainly from long positions, underscores the risk of over-leveraging amidst resistance. 🔍 While optimism abounds with growing institutional interest, traders must tread carefully as XRP navigates these critical levels of support and resistance. $XRP

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